We love to get questions and comments from our readers, as they often times lead to the best blog posts on the Tallahassee Real Estate Blog. After reading yesterday’s blog regarding the appreciation rates of homes in Tallahassee, sorted by size ranges, we received the following comment from reader “Brad” who wrote:
This is pretty interesting. I wonder if there is a correlation to amount of sales. I guess you would have to calculate the % increase or drop in amount of sales just like you did with price. This might show us which segments the current market thinks are over/under priced.
As a quick review from yesterday’s analysis, I created the following ranges in order to break down all Tallahassee home sales into size ranges that could be used to gather some information.
Tallahassee Home Sizes
| Description | Heading |
| Homes that are less than 1,000 square feet | < 1,000 Sqft |
| Homes sized between 1,000 and 1,500 square feet | 1,000 – 1,499 Sqft |
| Homes sized between 1,500 and 2,000 square feet | 1,500 – 1,999 Sqft |
| Homes sized between 2,000 and 2,500 square feet | 2,000 – 2,499 Sqft |
| Homes sized between 2,500 and 3,000 square feet | 2,500 – 2,999 Sqft |
| Homes that are greater than 3,000 square feet | > 3,000 Sqft |
Yesterday we used these categories to measure the depreciation trend across each size range, today we used them to measure how far each one has declined (in number of home sales) over the past year. Would you believe that one was slightly positive? [click to find some positive housing news in Tallahassee…]
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